I've definitely got my why, but I've always noticed that virtually every single person with success in real estate cites travel as one of their primary goals.

Most hard money lenders, including us, will not lend for a primary residence.

Should we cash out refinance out primary residence to pull more cash out or should we just use own cash reserve+ HELOC for next down payment and any extra fees?

My question is the following, if I buy an investment property (while continuing to rent where I live), does that prevent me from qualifying for an FHA loan later on when looking to own my primary residence?

A primary residence and House Hacking is always a good place to start - you can buy a duplex live in one and invest in the other.

Also, we’d like to get a lower interest rate on that duplex as a primary home.

My friend has one on her primary residence and has used it 3 times since purchasing without much hassle.

Take a HELOC and house hack a 2, 3, or 4 unit with only 5% down as your primary residence.

My primary goal is to produce 5000 monthly of cash flow.

I have a double in Metairie that I bought in the last 2 years, so I have some direct numbers specific to that particular area.Using the HELOC from your primary has many pros and it also has many cons.